The planned capex of Rs 98,520 crore for FY21 is about 3.7% higher than the Rs 95,000 crore budgeted for the current fiscal, of which state oil firms have spent about two-thirds in the nine months ended December. A total of Rs 52,000 crore will be spent on exploration and production next year, compared with Rs 48,400 crore this year.from Energy-Industry-Economic Times https://ift.tt/39h2F0v
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